Home Partners of America 2020-2 Trust: Presale Report

DBRS, Inc. (DBRS Morningstar) assigned the following provisional ratings to the Single-Family Rental Pass-Through Certificates (the Certificates) to be issued by Home Partners of America 2020-2 Trust (HPA 2020-2 or the Issuer):

-- $108.3 million Class A at AAA (sf)
-- $31.3 million Class B at AA (sf)
-- $12.1 million Class C at A (sf)
-- $22.8 million Class D at BBB (high) (sf)
-- $10.7 million Class E at BBB (low) (sf)
-- $27.6 million Class F at BB (low) (sf)